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Does permanent treaty with N Korea make sense?

After weeks of belligerent rhetoric, North Korea took a pause. But where is the mercurial Kim Jong Un headed next? US officials are debating whether he may want direct talks with Washington about a formal treaty to replace the 1953 armistice agreement that ended the Korean War. The US has been pursuing a dual path, threatening military conflict (semi-believably because ...

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Democrats shouldn’t fear fight over Confederate monuments

Last Tuesday Donald Trump said that some of the people marching with neo-Nazis were “very fine people.” By Thursday, Trump shifted to talking more about monuments to the Confederacy—and so did many Democrats. And that drove a whole lot of people nuts, including several Republican anti-Trumpers who I think were quite sincere about it. Why, they wanted to know, were ...

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BOE caution is justified. What about when it isn’t?

Britain’s labor market is powering ahead, and inflation exceeds the Bank of England’s target. Is it hot in here? Don’t expect Governor Mark Carney to cool things off. Here’s a major economy where price increases have not only picked up, but at 2.6 percent easily top the 2 percent target. Unlike in the US, the euro zone and Japan, a ...

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